Two Gulf-Coast senators are seeking to remove a Senate flood-insurance legislation provision requiring flood coverage in areas already protected by levees, dams or other flood-control structures.

Bank of America Corp urged a judge to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank, alleging a conflict of interest by one of the firm's partners.

Insurers are seldom fazed by technical complexity or heavy expenditure, yet even they have flinched when confronted with the intricacy and high implementation costs of Solvency II, a set of new capital rules for the European insurance industry.

Insurers are seldom fazed by technical complexity or heavy expenditure, yet even they have flinched when confronted with the intricacy and high implementation costs of Solvency II, a set of new capital rules for the European insurance industry.

Although information security and cyber-risk management is recognized as an enterprise-wide responsibility by many organizations, the information technology department still is seen as the front-line defense against information losses and other cyber-liability risks, according to an industry survey.

Although information security and cyber-risk management is recognized as an enterprise-wide responsibility by many organizations, the information technology department still is seen as the front-line defense against information losses and other cyber-liability risks, according to an industry survey.

State Auto Financial Corporation says it expects between $60 million and $63 million in third-quarter catastrophe losses.

Lloyds overtaking of American International Group Inc. (AIG) in U.S. surplus-lines premiums was not a product of the markets recent campaign to convince brokers to see Lloyds as a real alternativefor not just the strange, headline-grabbing risks.